web3 / news / / Al-Monitor
The sanctions target a network of Iranian oil shipping magnate Mohammad Hossein Shamkhani.
The U.S. Treasury imposed sanctions on over two dozen Iranian individuals, companies, and vessels.
KEY POINTS
- Sanctions specifically target the oil shipping network of Mohammad Hossein Shamkhani, son of Ali Shamkhani.
- Ali Shamkhani, a top Iranian security figure, was killed in U.S.-Israeli strikes on February 28.
- Three companies were sanctioned for a money laundering scheme exchanging Iranian oil for Venezuelan gold.
- Iranian national Seyed Naiemaei Badroddin Moosavi was sanctioned as an alleged Hezbollah financier.
COMPANIES
Summarized by Newsio from Al-Monitor. How we summarize →